Author: Nishtha Mukherjee
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India: NMDC slashes iron ore fines prices to ten-month low in August
India’s largest merchant iron ore mining company, NMDC, decreased list prices of iron ore CLO (calibrated lump ore) and fines today by INR 600/t($7) and INR 500/t ($6), BigMint learnt from sources. The company’s prices are effective from 7 August 2024. The miner has fixed prices of DR CLO (10-40mm, Fe67%) at INR 6,420/t ($76/t)…